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Saturday, October 20, 2018

No. 16 2011




Weak market balance

Rates have been unfavourable for crude oil tankers so far in 2011, but product tankers have fortunately picked up after a long and deep slump.   Many new tankers are coming onto the market and sales for demolition have so far been low.   Clarkson Shipyard Monitor has noted the deliveries below:   Year 2009 2010 1Q 2011 Total due 2011 Due 2012 Due 2013 Current fleet Projected removal over the...... More